All auctions / Gujarat / Surat
5362 square feet Shops for sale in Surat
Surat, Gujarat – 395006
Punjab National Bank · ARMB SURAT 832300
- Reserve price
- ₹1,02,00,000
- EMD
- ₹10,20,000
- Bid increment
- ₹20,000
- Area
- 5,362 sq ft
- Price per sq ft
- ₹1,902
This is the 4th auction of this property. The reserve price is 0.9% lower than at the last auction (₹1,02,94,000 on 17 Jul 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 10 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹1,02,00,000 | -0.9% | Upcoming |
| 17 Jul 2026 | ₹1,02,94,000 | — | Closed |
| 8 Jun 2026 | ₹1,02,94,000 | — | Closed |
| 27 Mar 2026 | ₹1,02,94,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹10,20,000
- Rest of 25% when you win (same or next day)
- ₹15,30,000
- Balance 75%, usually within 15 days
- ₹76,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹5.10 L – ₹8.16 L
You may bid above the reserve in steps of ₹20,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Shops
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- ground floor of Part B of Garden Gate Apartment, block No. 132, Nana Varachha, District surat
- Borrower
- M/s. Astha Enterprise
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